It was announced that the Egyptian agtech startup Mozare3 has raised more than $1M in a pre-seed round drove by Algebra Ventures and Disruptech. The round additionally incorporated the cooperation of EFG-EV and some private backers. The platform was established last year by Hussein Abou Bakr and Tamer El-Raghy....
Ghana's Startup Cafe Africa has dispatched an accelerator program to help African new businesses in developing their organizations and to furnish them with the tools they need for the African market. Upheld by iSpace, HatuaTech, Tribe Capital, GhLondoners organization, InvestPro, and HatuaOnPoint, the accelerator plans to furnish candidates showing...
It was announced that EdVentures, the popular funding wing of the Egyptian Nahdet Misr Publishing Group, has gotten the 'Training Investors of the Year' grant for the MENA area by UK-based web magazine ‘Corporate Vision’ and that’s not all. This particular honorary award for ‘Education and Training' classification tries...
It was announced by Mastercard that the Bahrain-based NEC Payments will be the main worldwide accomplice of Mastercard Fintech Express, setting a large group of opportunities for new businesses and fintech players to launch Mastercard-giving administrations and open freedoms inside the economical system.
The platform was dispatched last year and...
Mamo, a Dubai-based Fintech and digital financial platform with different innovative features have brought $8M up in a Pre-Series A financing round. The round was led by Global Ventures, with interest from 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and noticeable Fintech-centered Silicon Valley financial backers and that’s not...
It was announced recently that one of the most popular and leading accelerators, Flat6Labs has finally expanded to Jordan with their launch of a $20M seed fund. The providing fund which is Jordan Seed Fund has effectively completed the first close of $7.4M from the International Finance Corporation (IFC),...
GIZ Egypt has announced a €100M which is roughly $120M subsidizing program "VC University", focusing on first-time investment (VC) reserves. It’s in association with Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Endure Capital, and Changelabs
The sole purpose of this year-long program will offer planned asset administrators mentor...
The Angel Investment Network of the Middle East (MAIN), which promotes angel investing in the region, has announced a free standard Egyptian legal document for early-stage founders and investors.
This was done in collaboration with the Development Cooperation in Germany implemented by GIZ Egypt (GIZ), a network of MENA’s leading...
ISSF aka The Innovative Startups and SMEs Fund from Jordan is known mostly for making strategic investments in startups. They also invest in early-stage largely innovative SMEs as well. ISSF has recently announced a direct investment of $150K in a Jordan-based startup Decapolis. The startup provides feature-rich solutions for...
The GSMA declares its most recent Innovation Fund for Digital Urban Services following the accomplishment of three years of centered assets, peering toward African, South Asian, and Southeast Asian new companies that are tending to the critical difficulties in quickly extending metropolitan areas.
Inside a more extensive long haul worldwide...